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When properly executed, the process of documenting necessary information for a new product feature will help Product Managers to discover and define: The what, why, how, when, and who of a feature.

The first page/topic must contain an overview that addresses the questions What, Why and When. Here, it is important to talk of the importance of the feature from a business perspective. For example, it could be as simple as maintaining data quality or consistency as the business evolves.

The main difference between the two is their focus. A PRD outlines the specific features and functionality that a product must have to meet customer needs and expectations, while a BRD outlines the high-level business objectives and goals that a product must achieve to support the overall business strategy.

Documentation is imperative for any organization or project, regardless of size or industry. It helps teams stay organized and on track by providing a clear understanding of project requirements, progress, and any potential risks.

A document that financial service providers are obliged to offer retail clients before they open certain investment or savings products. It must outline the main characteristics of the financial service in a simple format, so the potential client can decide whether it is right for them.

Briefly describe and include a diagram of how your feature interacts with the rest of elements of your product. How data flows between entities and it produces the output the user expects. Also, take into account critical considerations like scalability or accessibility.

These are things to consider and questions to answer when putting together docs! What are the pre-requisites? I love this quote. ... What does this feature do? Explaining what your new feature does is one of the most important things documentation does. ... How do I set it up? ... How do I use it? ... Example Links. ... Feedback. ... Next steps.